Argo Blockchain Sells Galaxy Digital Helios Object

4 Jan

Argo Blockchain Sells Galaxy Digital Helios Object

To avoid bankrupy, http://btcnews.fun/?p=252 Argo Blockchain Had to Sell the Helios Object. The Company Also Receved a Loan of $ 35 Million. After the Trading of Trading On Nasdaq, The Company Announced in a Press Release that Galaxy Digital Holding SelliS Facility for $ 65 Million.

Argo Promises a Reduction in Total Debt by $ 41 Million, Improvement in Liquidity and Simplifying the Operating Structure. However, First of All, Restructuring Was Carried Out in Order to Maintain Operations. Mining Devices Remain at the Helios Site and Continue to be Used.

Located in Dickens, Texas, Helios Objectes ABOUT 50,000 mining Plants Located OF 11,000 Secacity of 200 Megavatts. Argo Blockchain, Like Other Mins, Has Encountered Financial Difficulties Over The Past Few Months. The Reasons for this Were A Drop in Bitcoin Price and Riding Energy Price.

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